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Masters acquires First Choice Pharmaceutical Wholesaler | Print |
Monday, 29 January 2007

Masters is pleased to announce the acquisition of First Choice Pharmaceutical Wholesaler, Inc. For nearly a decade, First Choice has been supplying hospitals, long-term care facilities and physician offices with pharmaceuticals and plasma-based bio-pharmaceutical products.

As a result of the acquisition, the First Choice name is being phased out, with the combined company operating under the Masters name.

 

The acquisition is part of a larger strategy to increase domestic presence in the United States and expand Master's offerings to healthcare providers. Masters anticipates domestic business to increase from 5% to 33% of total revenues for 2007 as a result of the acquisition together with other strategic initiatives.

 

The post-merger transition will essentially be seamless for all affected parties. Masters is confident that the combined resources and expertise of the two companies will result in an enhanced overall client experience. Our First Choice clients will continue to receive the outstanding customer service to which they have deservedly grown accustomed, from individuals who have assisted them in the past as well as some representatives who will be new to them initially, but nevertheless pride themselves in being among the most knowledgeable in the industry.  With our multilingual sales and customer service staff, we have the ability to expertly serve the needs of our diverse clientele.